Published: 2026-11-12T04:51:11.000Z
Chart USD/CNH Update: Extend consolidation below 6.6855 high
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Little change, as prices extend consolidation below the 6.6855 high of last week
| Level | Imp | Comment | Level | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 6.7260 | ** | Sep high | S1 | 6.6650 | 4 Nov low | ||
| R3 | 6.7000 | * | figure, congestion | S2 | 6.6425 | ** | 2 Nov YTD low | |
| R2 | 6.6910 | ** | Sep low | S3 | 6.6160 | * | Jun 2022 low | |
| R1 | 6.6855 | * | 4 Nov high | S4 | 6.6000 | ** | figure |
Asterisk denotes strength of level
04:45 GMT - Little change, as prices extend consolidation below the 6.6855 high of last week. Daily studies are mixed and range trade to likely to extend before giving way to renewed buying interest later. Break above the 6.6855 high will see room to extend recovery from the 6.6425, 2 November current year low and see room to strong resistance at 6.6910 September low which extend to the 6.7000 figure. Clearance here, if seen, will turn focus to 6.7260, September swing high. Would take break of the 6.6650/6.6600 support to expose the 6.6425 current year low to retest.